Waiting for New Highs
Financial markets have experienced quite a bit of change this year in just two short months. We started the year hopeful that stocks would benefit from a better economic and monetary policy environment by the spring, but recent developments suggest that may be further out than we initially thought. We remain confident that a new bull market will come—it just may require a bit more of our patience before we get there.
When 2023 began, we had hoped for a new bull market to bloom in the spring, prompted by the end of the Federal Reserve’s (Fed) interest rate hiking campaign. Following recent data pointing to stronger growth and higher inflation, rate hikes may extend into the summer and potentially delay the start of a new bull market. Against that backdrop, even though stocks pulled back in February, this year’s modest two-month gain for the S&P 500 Index feels like a victory.
The Standard & Poor’s 500 Index (S&P500) is a capitalization-weighted index of 500 stocks designed to measure performance of the broad domestic economy through changes in the aggregate market value of 500 stocks representing all major industries.
Click Here to Continue Reading >
____________________________________________________________________________________________________________
Top 10 Provision in SECURE 2.0
April 18th is the last day to make your 2022 IRA Contributions!
____________________________________________________________________________________________________________
March Tip of the Month – Tips to Keep Emotions and Investing Separate
Money is always an emotional subject, but often when our emotions get involved with our investments we will make wrong decisions. And that can be a costly mistake. Keeping emotions and investing separate seems almost impossible for many investors. When reacting too quickly and letting emotions cloud judgment, even the most experienced investors do not make the best decisions. However, keeping emotions away from investment decisions can give you a better chance for success. Here are four tips to consider:
Tip #1: Set Financial Goals - It sounds so simple, but setting financial goals really is the first step to investing, and financial goals can keep emotions out of the picture if done correctly. Having goals will help you keep an eye on the big picture.
Tip #2: Stop Checking on Your Performance Every Day - Checking too often will not benefit your portfolio in any way, but can cause anxiety. This is even more true if you own individual stocks as checking stock prices too often can cause you to panic, and you might make a snap judgment to trade. Instead, keep your checks to monthly or quarterly, and concentrate on sticking to your overall plan and goals.
Tip # 3: Avoid market timing - You may want to focus on what you can control—your investment contributions and choices—rather than what you cannot control—the direction of the market. Sticking to your investment plan may help you avoid making a wrong, emotional decision during volatile times.
Important Disclosures
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual security. To determine which investment(s) may be appropriate for you, consult your financial professional prior to investing.
Investing involves risks including possible loss of principal. No investment strategy or risk management technique can guarantee return or eliminate risk in all market environments.
This was prepared by FMeX.
____________________________________________________________________________________________________________
Check Out Our Latest Blogs
![]() | ![]() | ||
---|---|---|---|
If you're a business owner, you are likely the Chief Everything Officer at work and have many responsibilities. A financial plan can help business owners with the following. >>Continue Reading | |||
![]() | ![]() | ||
---|---|---|---|
Running a business requires gaining expertise in many things over a short period—especially financial matters. If finances do not come naturally to you, you may quickly feel like you are in over your head. Fortunately, mastering these skills might be easier than it seems. Here are four key financial skills that all business owners need to learn. >>What You Should Know
| |||